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TD Newton
About the role
A Valuation Controller Director at Standard Chartered Bank
leads the oversight of Fair Value Adjustments (FVA), Prudent Valuation
Adjustments (PVA), and Independent Price Verification (IPV) for complex
portfolios, including XVA, Rates, and FX
. This senior role manages valuation risk, ensures regulatory compliance, and
drives valuation methodology, often focusing on valuation governance
committees (VBC).
Key Responsibilities
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Governance & Control: Oversee Business as Usual (BAU) controls, review valuation methodologies, and act as a senior representative in governance committees.
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Methodology Development: Design and evolve frameworks for Prudential Valuation and stress testing, ensuring robust valuation models for various asset classes.
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Risk Management: Identify, measure, and monitor valuation risks, particularly concerning illiquidity or market stress.
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Stakeholder Management: Engage with Front Office, Risk Management, and Regulatory bodies to communicate valuation risks and findings.
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Leadership: Supervise, mentor, and build a high-performing team within the Product Control function.
Required Qualifications & Experience
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Experience: Significant experience (typically senior manager level or above) in Product Control, Valuation Control, or Market Risk.
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Technical Knowledge: Deep understanding of valuation techniques for Derivatives, Rates, FX, or Credit products, as well as regulatory standards for PVA/IPV.
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Skills: Strong analytical, communication, and leadership skills; ability to work under pressure in a fast-paced environment.
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Qualification: Professional qualifications such as CFA, FRM, CA, or a quantitative finance background are generally preferred.
Core Competencies
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Robust knowledge of financial reporting, accounting standards (IFRS/GAAP), and regulatory frameworks.
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Ability to drive process improvements and automation to reduce operational risk.
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Experience in managing team performance and fostering a culture of excellence.